Both Gold And Silver Rally Higher

GOLD

The rally continues as Gold tests the $2,150 resistance level. Fed Chairman is giving testimony on Capitol hill today and the February nonfarm payroll numbers will be released Friday by the Labor Department. At 11am PT today, Gold is trading at $2,145 per ounce, up $14 on good volume.

SILVER

Silver moved above the key $24, reaching a high of $24.36, with Gold’s rally. Silver is showing all the indicators that it is about to breakout (above $25) if the Gold price stays strong. At 11am PT today, Silver is up $0.50 per ounce, trading at $24.20 on average volume.